Imagine making a typo in the receiving address
Yeah. It seems silly to perform this transaction all at once. The size of this transaction magnifies the consequences of any sort of error and attracts what I'm guessing is very unwanted attention.
94k Bitcoin (1B USD) transferred from unknown wallet to unknown wallet
21–30 of 747 posts
Re: 94k Bitcoin (1B USD) transferred from unknown wallet to unknown wallet
#22Does anyone know what the transfer fees amounted to?
Re: 94k Bitcoin (1B USD) transferred from unknown wallet to unknown wallet
#23Re: 94k Bitcoin (1B USD) transferred from unknown wallet to unknown wallet
#24Dang
Re: 94k Bitcoin (1B USD) transferred from unknown wallet to unknown wallet
#25Just gotta say, its pretty amazing we live in a world where 1 billion dollars can get transferred pseudo-anonymously in a reasonable time frame, only costing the transfer party $600. As a really stupid, non-real-world comparison, Western Union has a transfer limit of $2500 per transaction, and a $20 fee per transaction. If you were to initiate a $1,000,000,000 transfer it would take something like 400,000 transactions costing you something like $8 million dollars in fees.
Re: 94k Bitcoin (1B USD) transferred from unknown wallet to unknown wallet
#26Re: 94k Bitcoin (1B USD) transferred from unknown wallet to unknown wallet
#27Re: 94k Bitcoin (1B USD) transferred from unknown wallet to unknown wallet
#28Re: 94k Bitcoin (1B USD) transferred from unknown wallet to unknown wallet
#29Does anyone know what the transfer fees amounted to?
Iirc it was like 100 USD.
https://www.blockchain.com/btc/tx/4410c8d14ff9f87ceeed1d65cb...
Re: 94k Bitcoin (1B USD) transferred from unknown wallet to unknown wallet
#30Probably related to Bakkt. The interesting thing here is how inexpensive was the transaction fee. How does banks transfer this kind of sum and how much would it cost?